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20121231
20121231
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FOX
Dec 31, 2012 7:00am PST
korea were all down more than .5%. in contrast, china's shanghai composite was up more than 1.50 after a positive manufacturing report. the other major markets were closed for the new year -- new year's holiday. >>> congress and the white house have about 13 hours to find a solution to the fiscal cliff. political reporter jamie dupree joins us via skype from washington. jamie, is there any progress being made? >> reporter: there were late night and early-morning talks. the leaders spoke by telephone. the things did not work out very well between the speaker and president obama. they didn't work out too well between the senate republican leader and the senate majority leader harry reid either. reid stepped back and now mitch mcconnell, the republican leader, is negotiating director with vice president biden. some of the details referred to leaked out may be the new income threshold with taxes going up about $400,000, $450,000. there could be a number of other things. there's so many different moving parts in this. as of right now, we still don't have a final agreement. the senate is goi
Search Results 0 to 0 of about 1